Port Aransas, TX 78373
488 Margo Lane
$1,695,000
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Property Overview
About 488 Margo Lane
OPEN CANAL VIEWS! HUGE LOT! TWO LIVING SPACES! LARGE SQUARE FOOTAGE!! Welcome to 488 Margo Lane! Located in the coveted canal neighborhood of Island Moorings, this ICONIC 5-bedroom 4 bath home offers SO MANY unique and desired qualities!! Starting upstairs, the inverted floor plan hosting an open kitchen/living/dining space with cozy fireplace lives beautifully. Outside, the complete wrap around balcony extends the living space and offers stunning OPEN CANAL VIEWS!! Upstairs is complete with a spacious master suite, king guest bedroom, flexible study/bedroom, full bath and designated laundry room. Downstairs offers 2 guest bedrooms with king beds and en-suite bathrooms. A second family room entertains beautifully. Imagine grilling diner in the backyard and enjoying a family meal while taking in the great views! The updated dock space offers 2 boat slips with lifts. Unique to Port Aransas real estate, this property sits on a HUGE LOT! Extending down Bayside and fronting Margo Lane, there is plenty of room to add a pool, guest house or both! Offering a 3 car drive through garage, ample parking and plenty of storage this home would make a lovely primary residence or fabulous second home. Make your island dreams come true at 488 Margo Lane!
Property Highlights
- Status
- Active
- Price
- $1,695,000
- Property Type
- Detached
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 3,366 Sq Ft
- Lot Size
- 0.41 Acres
- Year Built
- 1998
- Subdivision
- Mustang Beach
- School District
- Port Aransas ISD
- MLS / Listing ID
- 467366
Listing attribution: Courtesy of Tarpon Realty · Ryan Richter.
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Marci Peck
REALTOR® · TREC #0723266
Corpus Christi Realty Group
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Before you make an offer
Ask for windstorm certificates on the roof, windows and any additions; San Patricio and Aransas are coastal windstorm counties. Check the flood zone and ask for an elevation certificate, especially near the bays and canals. On canal and waterfront homes, have the dock, boat lift and shoreline structures inspected, and ask about canal depth at low water. In Rockport, ask for permits and repair records on homes rebuilt after Hurricane Harvey. If you plan to rent the home out, check the city's short-term rental rules and any HOA rules first. Outside city limits, confirm whether the home is on sewer or septic.
Windstorm insurance and flood zones vary by property; Marci can point you to the right specialist. This isn't insurance or legal advice.
Good to know
Winter and spring northers can push water out of the shallow bays and canals for days, dropping levels well below normal. Waterfront buyers should ask about canal depth at low water before counting on year-round boat access.